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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of NI
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NiSource Inc stock price up 0.274% on Friday
(Updated on May 17, 2024)

Buy or Hold candidate since Apr 17, 2024 Gain 7.66% PDF

The NiSource Inc stock price gained 0.274% on the last trading day (Friday, 17th May 2024), rising from $29.15 to $29.23. It has now gained 5 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.14% from a day low at $28.92 to a day high of $29.25. The price has risen in 8 of the last 10 days and is up by 2.42% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 million more shares were traded than the day before. In total, 7 million shares were bought and sold for approximately $202.77 million.

The stock lies in the upper part of a strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $29.32 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 11.16% during the next 3 months and, with a 90% probability hold a price between $30.74 and $32.59 at the end of this 3-month period.

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NI Signals & Forecast

Mostly positive signals in the chart today. The NiSource Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $28.97 and $27.98. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 10.05%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for NiSource Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $26.13 and $26.06. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, NiSource Inc finds support just below today's level at $26.13. If this is broken, then the next support from accumulated volume will be at $26.06 and $26.02.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.331 between high and low, or 1.14%. For the last week the stock has had daily average volatility of 0.96%.

The NiSource Inc stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought and the RSI is still moving upwards. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely, and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $27.80 (-4.88%) (This stock has low daily movements and this gives low risk. The RSI14 is 76 and this increases the risk substantially. There is a buy signal from a pivot bottom found 23 days ago.)

Trading Expectations (NI) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect NiSource Inc to open at $29.13, and during the day (based on 14 day Average True Range), to move between $28.80 and $29.66, which gives a possible trading interval of +/-$0.428 (+/-1.46%) up or down from last closing price. If NiSource Inc takes out the full calculated possible swing range there will be an estimated 2.93% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $26.13, some $3.10 (10.61%) from the current price of $29.23, our system finds the risk reward attractive.

Is NiSource Inc stock A Buy?

NiSource Inc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

Current score: 7.566 Strong Buy Candidate Unchanged

Predicted Opening Price for NiSource Inc of Monday, May 20, 2024

Fair opening price May 20, 2024 Current price
$29.13 ( 0.330%) $29.23

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for NI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 29.46 0.80 %
R2 29.34 0.370 %
R1 29.26 0.103 %
Current price: 29.23
Support S1 29.01 -0.762 %
S2 28.93 -1.03 %
S3 28.80 -1.46 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 29.23
Support S1 26.13 -10.61%
S2 26.06 -10.85%
S3 26.02 -10.98%

NI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 13, 2024 Jul 31, 2024 Aug 20, 2024 $0.265 0.91%
2 May 13, 2024 Jul 30, 2024 Aug 20, 2024 $0.265 0.91%
3 Apr 29, 2024 Apr 29, 2024 May 20, 2024 $0.265 0.91%
4 Jan 25, 2024 Feb 05, 2024 Feb 20, 2024 $0.265 1.02%
5 Jan 25, 2024 Feb 02, 2024 Feb 20, 2024 $0.265 1.02%

FAQ

What is the symbol for NiSource Inc Stock and on which exchange is it traded?
The symbol for NiSource Inc is NI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell NiSource Inc Stock?
NiSource Inc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

How to buy NiSource Inc Stock?
NiSource Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy NiSource Inc Stock.

What's the current price of NiSource Inc Stock?
As of the end of day on the May 17, 2024, the price of an NiSource Inc (NI) share was $29.23.

What is the 52-week high and low for NiSource Inc Stock?
The 52-week high for NiSource Inc Stock is $29.40 and the 52-week low is $22.86.

What is the market capitalization of NiSource Inc Stock?
As of the May 17, 2024, the market capitalization of NiSource Inc is 13.032B.

When is the next earnings date for NiSource Inc?
The upcoming earnings date for NiSource Inc is Aug 07, 2024.
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About NiSource Inc

NiSource NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 853,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland... NI Profile

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